The bill amends the Oklahoma Employees Insurance and Benefits Act by modifying the opt-out provision for state health insurance coverage. Specifically, it removes the requirement for participants to be covered by a separate "group" health insurance plan in order to opt out of the state's basic health and dental plans. Instead, employees can opt out if they are covered by any separate health insurance plan, provided they submit proof of coverage and sign an affidavit confirming they do not require state-provided health insurance.

Additionally, the bill stipulates that employees who opt out will receive a payment of $150 in lieu of the flexible benefit amount they would otherwise be eligible for. Any savings generated for the state from employees opting out of health insurance coverage will be retained by the state. The act is set to take effect on November 1, 2025.